Saturday, June 7, 2025
No Result
View All Result
Coins League
  • Home
  • Bitcoin
  • Crypto Updates
    • Crypto Updates
    • Altcoin
    • Ethereum
    • Crypto Exchanges
  • Blockchain
  • NFT
  • DeFi
  • Metaverse
  • Web3
  • Scam Alert
  • Regulations
  • Analysis
Marketcap
  • Home
  • Bitcoin
  • Crypto Updates
    • Crypto Updates
    • Altcoin
    • Ethereum
    • Crypto Exchanges
  • Blockchain
  • NFT
  • DeFi
  • Metaverse
  • Web3
  • Scam Alert
  • Regulations
  • Analysis
No Result
View All Result
Coins League
No Result
View All Result

Bitcoin breaks $60k, now only 2% from highest monthly close in history

February 28, 2024
in Crypto Exchanges
Reading Time: 2 mins read
0 0
A A
0
Home Crypto Exchanges
Share on FacebookShare on TwitterShare on E Mail


Bitcoin is continuous its extraordinary run, smashing by means of $60k previous to the opening of the US market.

Bitcoin subsequently recorded a brand new year-to-date excessive of $60,807 earlier than retracing to $60,140 as of press time. It soared 7% over the previous 24 hours, including to its beneficial properties from the beginning of the week. Since Monday, Feb. 26 the flagship digital asset is up 20% from $51,500.

Bitcoin worth (Supply: TradingView)

Had been Bitcoin to carry above $60,000 for greater than 24 hours it will be solely the second time it has closed a month-to-month candle above the important thing degree. The one different month-to-month candle shut was in October 2021, when it closed at $61,293. Thus, a 1.94% enhance from the present degree would see Bitcoin mark its highest month-to-month shut in historical past.

Bitcoin monthly candles (Source: TradingView)
Bitcoin month-to-month candles (Supply: TradingView)

The Bitcoin worth surge can probably be attributed to a provide squeeze because of the elevated demand from spot Bitcoin ETFs within the US. Additional, ‘good cash‘ has been accumulating Bitcoin alongside ETF inflows, resulting in an ideal storm for a worth surge.

The put up Bitcoin breaks $60k, now solely 2% from highest month-to-month shut in historical past appeared first on CryptoSlate.



Source link

Tags: 60KBitcoinbreaksCloseHighestHistoryMonthly
Previous Post

EIP-4844 Blob Transactions Support in Web3j

Next Post

Ethereum Price Primed To Hit $3.5K After Bitcoin Rallies Past $60K

Related Posts

Senator Lummis says new Fed vice chair appointment signals ‘brighter future’ for crypto
Crypto Exchanges

Senator Lummis says new Fed vice chair appointment signals ‘brighter future’ for crypto

June 6, 2025
Donald Trump’s advisor Bo Hines meets Nayib Bukele as US eyes El Salvador’s Bitcoin strategy
Crypto Exchanges

Donald Trump’s advisor Bo Hines meets Nayib Bukele as US eyes El Salvador’s Bitcoin strategy

June 5, 2025
Silver Set for a Major Breakout
Crypto Exchanges

Silver Set for a Major Breakout

June 5, 2025
Tether invests in Orionx to boost stablecoin use in Latin America
Crypto Exchanges

Tether invests in Orionx to boost stablecoin use in Latin America

June 3, 2025
Ray Dalio’s All Weather Portfolio in 2022: Resilience and Adjustments
Crypto Exchanges

Ray Dalio’s All Weather Portfolio in 2022: Resilience and Adjustments

June 4, 2025
Mary Meeker’s AI Playbook, Gold’s Rise, and Earnings Watch – June 2, 2025
Crypto Exchanges

Mary Meeker’s AI Playbook, Gold’s Rise, and Earnings Watch – June 2, 2025

June 2, 2025
Next Post
Ethereum Price Primed To Hit $3.5K After Bitcoin Rallies Past $60K

Ethereum Price Primed To Hit $3.5K After Bitcoin Rallies Past $60K

Bitcoin Blasts Past $60K as Markets Enter ‘Extreme Greed’ Phase

Bitcoin Blasts Past $60K as Markets Enter 'Extreme Greed' Phase

Momentum Reignites As Bulls Aim For $0.75

Momentum Reignites As Bulls Aim For $0.75

Leave a Reply Cancel reply

Your email address will not be published. Required fields are marked *

Twitter Instagram LinkedIn RSS Telegram
Coins League

Find the latest Bitcoin, Ethereum, blockchain, crypto, Business, Fintech News, interviews, and price analysis at Coins League

CATEGORIES

  • Altcoin
  • Analysis
  • Bitcoin
  • Blockchain
  • Crypto Exchanges
  • Crypto Updates
  • DeFi
  • Ethereum
  • Metaverse
  • NFT
  • Regulations
  • Scam Alert
  • Uncategorized
  • Web3

SITEMAP

  • Disclaimer
  • Privacy Policy
  • DMCA
  • Cookie Privacy Policy
  • Terms and Conditions
  • Contact us

Copyright © 2023 Coins League.
Coins League is not responsible for the content of external sites.

No Result
View All Result
  • Home
  • Bitcoin
  • Crypto Updates
    • Crypto Updates
    • Altcoin
    • Ethereum
    • Crypto Exchanges
  • Blockchain
  • NFT
  • DeFi
  • Metaverse
  • Web3
  • Scam Alert
  • Regulations
  • Analysis

Copyright © 2023 Coins League.
Coins League is not responsible for the content of external sites.

Welcome Back!

Login to your account below

Forgotten Password?

Retrieve your password

Please enter your username or email address to reset your password.

Log In